■■The firm has a reliable and long standing reputation on Nigerian business regulatory issues, and is the author of some leading books on the subject
Key Clients: The firm was counsel for the following business start-ups: Procter & Gamble Nigeria, Coca-Cola Nigeria; Novartis Pharma Services; Michelin Development Co.; Duracell Nigeria; Nigeria Inter Banks’ Settlement Systems Plc, Abuja Commodities Exchange Plc; Equipment Leasing Association of Nigeria Ltd. Gte.
■■ATC has acted as Lead Counsel on numerous pioneer transactions in Nigeria; Bonds, Equities and Debt securities. Amidst several milestone transactions, ATC was mandated by the Federal Ministry of Finance, as Consultants for the formulation of appropriate legislation and regulatory guidelines for a new Capital Market framework for Nigeria, and the report eventually metamorphosed into the Investment and Securities Act of 1999 (“ISA”), guiding all securities and capital market transactions in Nigeria. ATC also undertook the legal mandate for registration and incorporation of a new national Stock Exchange, viz. Abuja Commodities Exchange.
Key Clients: Recent transactions include: Series 1, 2 & 3 of Federal Government Guaranteed Notes under the FMBN SPV Issuer NGN 100 Billion Residential Mortgage-Backed Securities Programme; Solicitors to the Tranche 1, 2 & 3 Private Placement of Shares in The Infrastructure Bank Plc. ATC also represents The Nigerian Stock Exchange (“Exchange”) in litigation disputes where the Exchange is joined as a defendant.
Public Private Partnerships (PPP/PFI) Projects:
■■The firm advises operators, sponsors and financiers on transaction documentation and regulatory issues for Public Private Partnerships (PPP/PFI) Projects.
Key Clients: Marina Express Train Services on the USD2.4 Billion Lagos Metro Rail Transit Systems (Red Line) – (a Design, Finance, Build, Operate (D.F.B.O.T.) PPP Project with Lagos State Govt.); Joint Legal Advisors to Marina Quayside Strip Development Company Ltd. On the USD 2.8 Billion Marina Quayside Strip Development PPP Project with the Federal Govt. and Lagos State Govt.; legal advisors to USD 1.5 Billion Enugu State Water Works PPP Project with Enugu State Govt.; legal advisors to the finance arranger in NGN9.85 Billion Warri/Effurum Water Supply PPP Project with the Delta State Govt.; JILAmber Consortium on the USD 560 Million Refinery Co-Location Joint Venture with NNPC; The firm also advised the Project Sponsors of the CG-Eko Ventures LLP -(a public private partnership with Lagos State Government); and the Mutual Model Transport (a PPP franchise operation of commercial bus transportation in Lagos State); legal due diligence advisers to Qatari Diar (a real estate investment arm of the Gulf State of Qatar) on the Nasco Town Project; legal advisors to the Federal Govt. on Kuje Water PPP (OBC) project; Legal Transaction Advisors to the Federal Govt. on Nigerian Postal Services (NIPOST) Financial Inclusion PPP Project; legal advisors to the project sponsors on the Gwagalada Infrastructure and Housing Development PPP Project with the Federal Government of Nigeria.
Corporate Regulatory Compliance:
■■By virtue of its experience and quality services, the firm continues to be retained as the “counselof- choice” to several multi-national companies for regulatory compliance; corporate/commercial legal services including litigation and dispute resolution.
Key Clients: Procter & Gamble Co. (“P&G”– is world’s largest manufacturer of household goods, detergents and personal hygiene products); SIAT S.A. N.V.(- the largest integrated agricultural plantations proprietors in West Africa; with plantations in Nigeria, Ghana, Gabon; Cote d’Ivoire and Cambodia); Southern Sun Ikoyi Hotel (member of the Tsogo Southern Sun group). Abuja Electricity Distribution Co. Plc. (operators of electricity distribution in the Federal Capital Territory and adjoining States); Swiss Biostadt Co. Ltd.
M&A and Corporate Re-Structuring:
■■The firm has significant experience in corporate joint-ventures, cross-border M&A and private equity; advising both on the buyer and seller sides.
Key Clients: The firm has advised the National Council on Privatisation on some of its largest and most complex privatization transactions, such as: Nitel (the national telecom.); Aluminium Smelter Company of Nigeria; Nigeria Machine Tools; ATC was transaction counsel to the core investor “buy-in” and turnaround acquisition of The Infrastructure Bank; horizontal merger of Suntrust/Dala Mortgage Banks; and Management Buyout (MBO) of Union Trustees from Union Bank. ATC has also acted as legal advisors to Syngenta Crop Protection AG; ICICI Ventures Fund Mgt. Co; Xinwei Telecom Co. and Lancet Laboratories Pty Ltd. in significant cross-border M&A transactions.
The dispute resolution team is headed by Akin Osinbajo, a former Attorney-General of Ogun State. The firm’s broad-based practice encompasses matters involving banking litigation, commercial litigation and arbitration, tax controversy, intellectual property, and multi-jurisdictional regulatory enforcement matters.
■■The firm’s intellectual property (IP) practice covers trademarks, brand protection, patents, designs, management know-how and licensing agreements. The services cover contentious and non-contentious matters.
Key Clients: Procter & Gamble; Gillette; NOKIA Corporation.; FrieslandCampina Nederland Holding; Dabur India; and Sony Computer Kabushiki Kaisha.
Banking & Finance:
■■The firm has over the years maintained a strong reputation in advising on all aspects of banking and finance transactions; including the first RMBS securitization in West Africa; and Real Estate Investment Trust Scheme (REITS). ATC provided the legal support to Chase Merchant Bank for the introduction of Equipment Leasing concept to Nigeria.
Key Clients: The Infrastructure Bank; Shelter Afrique; Federal Mortgage Bank of Nigeria; Stanbic IBTC Bank (Member of the Standard Bank group); African Development Bank; Corporates and Security Trustees; and Sub-national governments.
Pro Bono Clients:
Pro bono legal advisers to “Nigerian Business Coalition Against Aids Ltd. Gte” (NIBUCAA); and “Save The Children International” (STC).